Tag: legislative

In a roundtable discussion moderated by 2019 Chairman Greg Ugalde during the NAHB Board of Directors meeting in Las Vegas, Reps. Tom Reed (R-N.Y.) and Josh Gottheimer (D-N.J.) expressed support for working together on a bipartisan basis to advance housing issues.

At the urging of local citizens and the housing community, the Arkansas Senate yesterday passed SB 170, legislation that would prevent cities and counties from regulating building design that would needlessly raise the cost of housing.

The government shutdown will affect housing and home builders. In most cases, the short-run impacts will be minor. A long-term shutdown, lasting several weeks or a month or more, could have significant impacts on mortgage accessibility and reduce housing demand.

Although Congress and the White House failed to avert a partial government shutdown, NAHB achieved a significant victory when lawmakers agreed to extend funding for the National Flood Insurance Program (NFIP) through May 31, 2019. Absent congressional action, funding would have expired for the program last night.

President Trump signed into law the First Step Act, NAHB-supported legislation that will provide vocational training for prisoners in an effort to reduce recidivism rates. In a letter of support sent to lawmakers earlier this year, NAHB cited the benefits of similar training programs administered through the Home Builders Institute (HBI), the association’s educational arm.

NAHB today commended House Financial Services Committee Chairman Jeb Hensarling (R-Texas) for working with lawmakers across the political aisle to develop a legislative framework to move housing finance reform forward.

NAHB is focused on the potential that tax legislation will be part of this lame duck session, and we are working with our congressional supporters to press our Low Income Housing Tax Credit priorities.